Bitcoin’s price fell by 2% within an hour after MicroStrategy announced its eighth consecutive weekly BTC acquisition. According to CryptoSlate’s data, the market reaction was less enthusiastic about the firm’s latest Bitcoin purchase, which dragged BTC down to $92,900 at the time of writing —a 10% drop from its record high of over $108,000. Similarly, the company shares …
Continue reading “MicroStrategy’s smallest Bitcoin acquisition in 8 weeks sees BTC drop to $92,000”
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › In a bold move to bridge traditional theater with Web3 innovation, Helm Capital Group has announced the launch of Kowalski Coin, a new token designed to democratize Broadway investment through their proprietary Benefit Block (BB) model. …
Continue reading “Helm Capital Group unveils theater-backed token for Broadway production”
According to data from DefiLlama, decentralized exchanges (DEXs) experienced a remarkable surge in December, achieving an all-time high monthly trading volume of $463 billion. This milestone reflects continued growth in DeFi, which has maintained consistent momentum throughout the last quarter of the year. Chart showing trading volume on DEXs in 2024 (Source: DeFiLlama) DefiLlama reports …
Continue reading “DEXs achieve record $463 billion trading volume in December”
MoonPay, a crypto payment solutions provider, has officially received approval to operate under the European Union’s Markets in Crypto-Assets (MiCA) regulation, according to a Dec. 30 statement shared with CryptoSlate. The firm secured its license from the Netherlands’ Authority for the Financial Markets (AFM), and this milestone grants MoonPay the ability to offer services seamlessly …
Continue reading “MoonPay approved under MiCA to operate in the EU”
Over the weekend, several crypto influencers—including popular AI-driven crypto influencer AIXBT—erroneously stated that bankrupt FTX distributions would commence in January. These claims fueled excitement about a possible market surge 2025, driven by the rumored $16 billion disbursement. However, the actual timeline for these payments tells a different story. FTX’s official statements say no payouts will …
Blockchain sleuths have flagged a notable acquisition: on Dec. 30, 2024, a bitcoin address believed to be linked to stablecoin issuer Tether added 8,404.48 BTC to its reserves, valued at a cool $772 million. Blockchain Detectives Spot $772M Bitcoin Transfer to Tether Tether, known for issuing the largest stablecoin by market cap, now holds a …
Continue reading “Numerology Combined With Strategy? Tether’s Bitcoin Holdings Soar Past 83,000 BTC”
Bitcoin, currently dancing between $91,721 and $92,105 over the last hour, has dipped by 2.7% in the past 24 hours. Its market cap stands tall at $1.81 trillion, with a trading volume of $45.45 billion and an intraday price swing from $91,315 to $94,562. Bitcoin Bitcoin‘s 1-hour chart tells a tale of modest recovery from …
Continue reading “Bitcoin Technical Analysis: Weak Recovery Signals Hint at Further Downside”
Meme coins have long been wild for investors – but few projects dare to shake up the typical model. Meme Index (MEMEX) is changing that. Its presale just passed $1 million, all thanks to its new approach to meme coin investing. By offering baskets of coins – from big names to hidden gems – this …
Continue reading “Meme Index Presale Raises $1M as Expert Predicts MEMEX Will 26x”
Jan Nieuwenhuijs, a gold market analyst, has raised concerns about the rise in the People’s Bank of China (PBOC) secret gold purchase operations. He believes the bank has accumulated over 100 tonnes of gold through unreported London gold imports during Q4 2024. Golden Chase: China Has Secretly Scooped Up Over 100 Tonnes of Gold in …
Continue reading “Analyst: China Intensifies Covert Gold Accumulation Through London Imports”
PRESS RELEASE. Singapore, December 30, 2024 – LBank, a leading global cryptocurrency exchange, has released its 2024 Annual Report, showcasing a year of extraordinary achievements across various domains, including leap growth, product innovation, global branding, and compliance. In 2024, LBank reached remarkable new heights in growth. The platform achieved over 15 million registered users worldwide, …
Continue reading “LBank Presents 2024 Annual Report: Leap Growth and Bullish Future”
On Monday, while bitcoin (BTC) prices hovered between $92,850 and $93,150 over the last hour, Microstrategy founder Michael Saylor took to X to share that his firm snagged 2,138 BTC for $209 million at $97,837 each. Since 2020, Microstrategy has steadily accumulated bitcoin, making it the largest publicly traded company (excluding ETFs) to hold BTC …
As 2024 winds down, the crypto economy has flourished, growing by an impressive $1.62 trillion in value over the year. Interestingly, nine of the top ten gainers for the year turned out to be meme tokens, with only one utility token breaking into the elite group. Meme Coins Take the Crown The crypto sector expanded …
Continue reading “Meme Tokens Dominate: 9 of 2024’s Top 10 Crypto Gainers Are All About the Laughs”
The chief executive of market intelligence platform CryptoQuant is warning investors that the US government’s motivations for creating a Bitcoin (BTC) standard may be different from what they expect. In a new thread on the social media platform X, Ki Young Ju says that for the US to seriously consider a BTC standard, it would …
A crypto whale that participated in the initial coin offering (ICO) of Ethereum has reportedly been spotted sending nine figures worth of ETH to the crypto exchange Kraken this year. Citing data from on-chain analyst Ember, Wu Blockchain reports that after another transfer of 3,370 ETH to Kraken over the weekend, a whale connected to …
Venture capitalist Chris Burniske says crypto investors with long-term conviction should be chomping at the bit for entries into the market amid the correction. Burniske, a former analyst at Cathie Wood’s ARK Invest and current partner at Placeholder, says that Bitcoin (BTC) has likely already printed its lows for the bull run, and given that …
